SGX chief keeps his eyes on winning world's largest IPO

It is competing with various exchanges such as New York, London, and Hong Kong.

Bloomberg reports that Singapore Exchange Ltd’s (SGX) chief executive officer said his company is still in the running to win a listing of the shares of oil giant Aramco, in what could be the world’s biggest initial public offering.

“We’re as good as any other exchange,” Loh Boon Chye said in a Bloomberg Television interview in Riyadh, Saudi Arabia. “We stand as good a chance as any others.”

SGX is competing with various other exchanges in locations such as New York, London, Hong Kong, Tokyo and Toronto.

Read the full report here.

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